Starting an investment in SIP is simple. You just need to complete the KYC formalities, register for an account, and start investing. Read more to understand it in detail at Kotak Securities.
For direct ELSS investment, you need to go to the mutual fund website. On the website, you will find two options to invest. First, a quick method to invest directly without creating an account and the second is to create a new account using the “New User Option”. It is better that...
When you stop paying premium but do not withdraw the money from the Insurance company, the company reduces all your benefits proportionality. The benefits like SUM ASSURED, MATURITY VALUE etc. But in case of Endowment & Money Back Plans Insurance Amount ceases to exist. You do not lose anythin...
Regular and Direct Mutual Fund plans are options to buy thesame mutual fund scheme,run by the same fund managers who invest in the same stocks and bonds.The major difference between direct plan and a regular plan is that in the case of a regular plan your mutual fund(also known as AMC)...
Do not stop SIP midway for any reason till target investment value (not the target corpus value) is reached. If need be, pause mutual fund SIP first. Rule 4: Broadly keep the asset allocation between 60% – 80% in favour of equity – for PE Ratio range of 18-24. And continue ...